Address
1017 S 3rd Street, Bismarck, ND
Price
$ 605,000
Property Attributes
  • MLS#4012395
  • TypeSingle Family
  • CountyBURLEIGH
  • CityBismarck
  • AreaBismarck City
  • NeighborhoodMeadow Valley
  • Zip58504
  • StyleApartment Style
  • Year Built1975
  • Taxes$ 7210
  • Price$ 605,000
  • Bedrooms16
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage7878
  • Lot Size12,937 SqFt
Data Source:
Bismarck Mandan BOR (BMBOR)
Property Description

Are you looking for a great investment property... here it is ! Check out this 8 plex apartment building with a maintenance free brick exterior. Convenient location to the mall, restaurants, businesses, etc. There have been many updates to these apartments. There are 4 balconies with patio door access. All 8 units are rented - the total rents for March 2024 is $6,220. ( The rental income meets the 1% rule.) There is a professional property management company that handles everything. They will need to give a 24 - 48 hour notice to the tenants before all showings. The parking lot is shared with 3 other apartment buildings. There other 2 buildings at 1011 S 3rd St and 305 E. Bismarck Expressway are also for sale for a total package of $1,815,000 for three 8 plex apartments buildings all in a row for a total of 24 units. Buildings #1017 is the 3rd building South of Bismarck Expressway on 3rd St. Coin operated Washers and Dryers on each level... 2 washers, 2 dryers. per building. There is new carpet in the hallways and new paint. Most of the individual apartments have been updated.

Price History
3/29/2024 Listed $605,000

General Features

Sewer Public Sewer
Heating Baseboard,Hot Water
Cooling Wall/Window Unit(s)
Possession Close Of Escrow,Subject To Tenant Rights
Roof Shingle
Appliances Dryer,Range,Range Hood,Refrigerator,Washer
Garage No
Zoning RM30
HOA Fee Includes None
HOA No
Architctural Style Apartment Style
Subdivision Meadow Valley
County Burleigh
Levels Two
Rooms Bathroom 4,Bathroom 8,Bedroom 8
Property Type A
Area Bismarck City
Sub Area Bismarck City SE
Accessibility Features No
Tax Year 2023
Status Active
Lot Sqft 12950.00
Construction Materials Brick,Wood Siding
Included Refrigerator,Range,Hood,2 Washers and 2 Dryers (located on each level in the hallways)
Sub Type Multi Family
Year Built 1975
Directions Located on South 3rd St. just South of Bismarck Expressway across from Kirkwood Mall.
City Bismarck
Taxes 7210.00
Geo Lat 46.794236
Legal Description Lot 2 less N 41' and Less S. 10' Block 14 Meadow Valley Rep L1 B2
Geo Lon -100.787505
Street Name S 3rd
Coming Soon Are you looking for a great investment property... here it is ! Check out this 8 plex apartment building with a maintenance free brick exterior. Convenient location to the mall,restaurants,business

Interior Features

Interior Features See Remarks
Basement Egress Windows,Finished
Flooring Carpet,Laminate,Linoleum,Vinyl
Fireplace No
Total Baths 8.00
Total Full Baths 8
Finished Below Grade SqFt 3939.00
Total Finished SqFt 7878.00
List Price/SqFt 76.80
Total 1/4 Baths 0.00

Exterior Features

Exterior Features Balcony
Lot Features Level,Rectangular Lot
Lot Dimensions 74 x 170-180
Water Source Public
Parking Features Additional Parking,No Garage,Parking Lot
Street Type Street
MLS Identifier 20210629130222546002000000
Lot Acres 0.2970
Road Frontage Type City Street
Street Number 1017

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 58504

Price
AVG $510K
$610K
Taxes
AVG $3,681
$7,210
Visits
AVG 114
74
Data Provided by Inside Real Estate®
Year Built
AVG 2001
1975

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